R2012-166 ACCEPTING THE BID AND AUTHORIZING CONTRACT FOR CENTRAL PARK STREETSCAPE & OPEN SPACE ENHANCEMENT PROJECT

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' BID PROPOSAL ' For Construction of: Central Park Streetscape and Open Space Enhancement City Project No.: 2012-14 ' Owner: City of Decatur Illinois ' OTTO BAUM COMPANY, INC. 1788 HUBBARD AVE. ' Prospective Bidder: DECATUR, It 62526 The undersigned Bidder, having examined the specifications, drawings and all other documents contained in the Contract Documents, and having examined the site where the work is being performed, and having familiarized themselves with any local conditions effecting the work and having knowledge of the cost of work at the place where the work is to be done, hereby ' proposes to execute and perform the formal Contract set forth in these Contract Documents, of which this Proposal forms a part, and will do the work therein described on the terms and conditions therein set forth; and furnish all required labor, materials, tools, equipment, ' transportation and services for said work, and pay all applicable taxes and other incidental costs, all in strict conformity with the drawings and specifications forming a part of the Contract Documents, for an amount computed upon the basis of the quantity of work actually performed ' at the bid prices noted below. It is understood that any listed quantities of work to be performed at unit prices are approximate only, and are intended principally to serve as a guide in evaluating bids. It is further agreed that any quantities of work to be performed at unit prices and material to be furnished may be increased or decreased as may be considered necessary, in the opinion of the Owner, to complete the work fully as planned and contemplated and that all quantities of work, whether increased or decreased, are to be performed at the unit prices set forth in the Bid ' Proposal, except as provided for in the General Conditions. It is further agreed that any lump sum prices may be increased to cover additional work ' ordered by the Owner, but not shown on the plans or required by the specifications, in accordance with the provisions of the General Conditions. Similarly, they may be decreased to cover deletion of work so ordered. Where supplemental unit prices are available, they shall be ' used to adjust lump sum prices. By submitting a bid, the Bidder acknowledges the understanding that the bid process is solely intended to serve the public interest in achieving the highest quality of services and goods at the lowest price, and that no right, interest, or expectation shall vest or inure to the benefit of ' Bidders as a result of any reliance or participation in the process. 9